Tip jars now take plastic

Tip jars now take plastic

Posted: Updated:
MYFOXNY.COM -

A New York man has developed a tip jar for the credit card generation.  It's called DipJar.

Ryder Kessler says he came up with the idea while he was in a busy coffee shop and employees lamented that tips were down as more people started making their purchases on credit and debit cards.

Kessler, who has worked for years in the tech industry, formed the company with his brother, Judd.

The DipJar sits on the countertop and customers simply swipe their card.  The machine takes a predetermined amount for a tip.  DipJar says most locations choose $1.  DipJar takes a service fee (of up to 20%) and the balance is disbursed on a regular schedule to employees.

The company has contracted two DipJars in New York. They are at two Oren's Daily Roast locations in Manhattan.  The machines are free to the retailers since the company makes its money off of transaction fees.

DipJar says it uses encryption to transmit credit card information securely to its servers.  It says its internal checks would combat fraud such as suspicious repeated dipping on the same card.

The company says it is looking to continue to develop the jars to accept other forms of tipping, like barcodes from mobile phones.

  • Manhattan NewsManhattan NewsMore>>

  • Woman wanted for baby snatch attempt in custody

    Woman wanted for baby snatch attempt in custody

    Friday, April 18 2014 9:57 PM EDT2014-04-19 01:57:17 GMT
    Police have taken into custody the woman believed to have tried to push a stroller with a baby inside away from a nanny in Chelsea. Tara Anne McDonald, 46, was being evaluated at a hospital Friday night. The attempted kidnapping occurred on 8th Ave. and 17th St. at about 3:45 p.m. on Thursday, police said.
    Police have taken into custody the woman believed to have tried to push a stroller with a baby inside away from a nanny in Chelsea. Tara Anne McDonald, 46, was being evaluated at a hospital Friday night. The attempted kidnapping occurred on 8th Ave. and 17th St. at about 3:45 p.m. on Thursday, police said.
  • Driver-less cars highlights at NY Auto Show

    Driver-less cars highlights at NY Auto Show

    Friday, April 18 2014 1:46 PM EDT2014-04-18 17:46:00 GMT
    The future is here when it comes to vehicles. The auto industry has packed nearly 1,000 automobiles into the Jacob Javits Center on Manhattan's West Side for the 2014 NY Auto Show.   Among the 'must-sees' is a hydrogen-powered vehicle and a prototype with cameras that allow you to see the ground underneath as you drive over it.
    The future is here when it comes to vehicles. The auto industry has packed nearly 1,000 automobiles into the Jacob Javits Center on Manhattan's West Side for the 2014 NY Auto Show.   Among the 'must-sees' is a hydrogen-powered vehicle and a prototype with cameras that allow you to see the ground underneath as you drive over it.
  • Christians around world mark Good Friday

    Christians around world mark Good Friday

    Friday, April 18 2014 1:34 PM EDT2014-04-18 17:34:50 GMT
    From the Holy Land to the streets of New York City, Christians have commemorated the crucifixion of Jesus Christ in Good Friday prayers and processions. Thousands of Christian pilgrims filled the cobblestone alleyways of the Old City on Friday along the Via Dolorosa, Latin for the "Way of Suffering." In NYC, Timothy Cardinal Dolan and Bishop Nicholas DiMarzio lead followers across the Brooklyn Bridge.
    From the Holy Land to the streets of New York City, Christians have commemorated the crucifixion of Jesus Christ in Good Friday prayers and processions. Thousands of Christian pilgrims filled the cobblestone alleyways of the Old City on Friday along the Via Dolorosa, Latin for the "Way of Suffering." In NYC, Timothy Cardinal Dolan and Bishop Nicholas DiMarzio lead followers across the Brooklyn Bridge.
Powered by WorldNow

KTBC FOX 7
119 East 10th Street
Austin, TX 78701

Phone: (512) 476-7777
Fax: (512) 495-7001

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices